With eChecks, you can directly transfer funds from your checking account into your online casino account. As their name suggests, eChecks are simply electronic versions of paper cheques. If you want to use eChecks as a payment method, you’ll need a checking account; debit cards and credit cards aren’t required for using this particular payment method. The banks and institutions that provide checking accounts are handled differently from country to country, so checking accounts that are eligible for online casino payments will vary from casino to casino. You should be able to contact your bank to ensure your checking account can be used for online casino payments.
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Though eChecks do have lots of advantages, such as their convenience and the fact that they’re instant, there are some disadvantages to using them. Some online casinos may require you to have your eCheck authenticated by a third party, a process which can take a few days. To use eChecks, you have to put down bank details; even though online casinos use encryption software to ensure all transactions are safe and secure, there is always the risk that your information could be compromised because of a virus or some other form of malware. The third main disadvantage with eChecks is that they can’t be used to make withdrawals.
There are lots of online casinos that accept eChecks as a payment method; however US players will have problems using eChecks for online casino payments, as they are not a universally accepted payment method. Some online casinos seem to accept this payment method when used by US players, while others don’t.